LongRiver closes inaugural USD fund at $385m to scoop early-stage tech, healthcare deals

LongRiver closes inaugural USD fund at $385m to scoop early-stage tech, healthcare deals

Jiang Zhang, founder and CEO of LongRiver Investments. Photo from LongRiver Investments

LongRiver Investments, a venture capital (VC) firm focusing on the healthcare and technology sectors, has raised its inaugural US dollar fund at $385 million, defying a challenging fundraising time, especially for emerging managers.

Edited by: Padma Priya